Atari’s report to stockholders that year was bleak: “From the introduction of Jaguar in late 1993 through the end of 1995, Atari sold approximately 125,000 units of Jaguar. As of December 31, 1995, Atari had approximately 100,000 units of Jaguar in inventory … . There can be no assurance that Atari’s substantial unsold inventory of Jaguar and related software can be sold at current or reduced prices if at all.”